Business Report: Current Performance and SWOT Analysis of Tesco

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This report provides an analysis of Tesco's current performance, highlighting its position as a leading British multinational grocery and general merchandise retailer. It discusses Tesco's revenue, market share, and global presence, including its performance in the UK and international markets. The report also presents a detailed SWOT analysis, examining Tesco's strengths such as its market dominance and extensive store network, and weaknesses like past operational failures and financial challenges. It further explores opportunities in digital business and threats from increasing competition, particularly from discount retailers. The analysis draws on financial data and industry reports to provide a comprehensive overview of Tesco's strategic position and future prospects, including references to relevant academic sources.
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Current performance of the
Tesco and SWOT analysis of
Tesco
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Contents
Current performance of the Tesco...............................................................................................3
SWOT analysis of Tesco.............................................................................................................3
REFERENCE.................................................................................................................................4
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Current performance of the Tesco
Tesco is The British multinational grocery and general merchandise retailer one third
largest retailer in the world measured by the gross revenue and the 9th largest in the all over the
world as per their measured revenue. Tesco have been performing well Howard and over the
years Anne this has also being seen till the end of 2020. According to the and while revenue of
the Tesco group in the United Kingdom and the Republic of I learned from the financial year
2015 to the year 2020 the annual revenue of the company has accounted almost 353 billion
British pounds. this was the increase of around £1.3 billion compared to the period financial
year. the best course company profile in the United Kingdom and the ROI increased by around
£360,000,000 and it reached 2 the 2.2 billion in the year 2019 and 20. This company was the one
of the leading company in UK market 2020 and it has been since we started off Millennium.
Tesco has also originated in the Hertfordshire Employed around 423 thousand people in all over
the world in the year 2019. According to the Jack Cohen In year 1919 Tesco was the company
we used to generate most of the revenue for the UK market and almost one quarter of the
companies revenue streams for the international market. they also achieved the second most
stores in Thailand it almost 2000s stores in the year 2019 and 20 and 1st place is occupied by the
UK where they have highest number of stores presence.
SWOT analysis of Tesco
Strength
Biggest grocery store in UK- Tesco company is one of the top grocery retailer a number
one supermarket in the United Kingdom. They are highest revenue Maker in comparison of the
other supermarket in the UK.
A growing number of stores- From the 3700 stores study 6800 stores company has grown
a lot and the stores they have opened around in 14 countries. Apart from the North America and
Europe it has been huge market share in each share market as well.
Weakness
Fails operation in US and Japan- Tesco company exit from the American market and the
Japanese market in year 2012. They open there stores in both the countries for around five years
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but they were failed too run their operation an they have to close there stores an exit from
market.
Financial errors- Due to the high debts an credit ability on the Tesco their financial
profits are affecting.
Opportunities
Digital business- Online business can be a good opportunity for the Tesco and help them
to grow their business effectively in the online market as well. It is future based trend so
companies should follow this trend to take advantages.
Threat
Competitors are the biggest threat for the Tesco because competition in the retail industry
is increasing day by day. mostly they are affected from the discount retail stores.
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REFERENCE
Books and journals
Guo, L. and Wang, Z., 2019. Ratio analysis of J Sainsbury plc financial performance between
2015 and 2018 in comparison with Tesco and Morrisons. American Journal of Industrial
and Business Management. 9(2). pp.325-341.
Ismail, I. N., 2017. The Roles of Corporate Governance and its Influances on Risk and
Performance: Tesco Plc.
Fatricia, R. S., 2017. STRATEGIC ANALYSIS OF TESCO SUPERMARKET. Jurnal
Manajemen Terapan dan Keuangan. 6(2). pp.69-86.
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